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The French construction industry registered a low growth of 1.5% in 2009 and declined by 4.2% in 2010, following the eurozone crisis. The countrys export-oriented manufacturing sectors reduced investment, alongside a decline in employment and low wage growth, led to a steady decline in domestic economic activity and demand for new construction projects.
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Construction in France - Key Trends and Opportunities to 2018
Summary • This report provides detailed market analysis, information and insights into the French construction industry including:The French construction industry's growth prospects by market, project type and type of construction activityAnalysis of equipment, material and service costs across each project type within FranceCritical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the French construction industryAnalyzing the profiles of the leading operators in the French construction industryData highlights of the largest construction projects in France
Executive summary • The French construction industry registered a low growth of 1.5% in 2009 and declined by 4.2% in 2010, following the eurozone crisis. The countrys export-oriented manufacturing sectors reduced investment, alongside a decline in employment and low wage growth, led to a steady decline in domestic economic activity and demand for new construction projects. Supply has been hampered as developers are wary of the economic situation and have postponed new projects until conditions improve. Consequently, the industry again recorded a decline of 2.8% in 2013. Due to a recovery in business confidence, the industry is anticipated to regain momentum over the forecast period (20142018), with growth expected at a moderate CAGR of 1.47%.
Scope • This report provides a comprehensive analysis of the construction industry in France. It provides:Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in France using construction output and value-add methodsSegmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project typeBreakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)Analysis of key construction industry issues, including regulation, cost management, funding and pricingDetailed profiles of the leading construction companies in France
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